Description

Select Mint State 1818 STATESOF Half Eagle

1818 $5 STATESOF MS63 NGC. This would make an excellent
choice for the type collector as this date and variety are one of
the more plentiful issues of this design. The surfaces are
attractive for the grade, and the green-gold surfaces are well
defined overall with a rim-to-rim die crack on the reverse. This
coin has the added bonus of the interesting reverse which shows the
die engraving error of crowding the words STATESOF together, almost
as though they were a single word. This same error occurred on a
dime reverse die that was used in 1814 and again in 1820 (using the
same die). Perhaps it was the same engraver who simply wasn't
paying attention when laying out the placement of the lettering.
Die engraving errors add greatly to the charm of coin collecting,
showing that despite the best efforts at mechanizing the coining
process, in theory to thwart counterfeiters, the human element
constantly appears even in government work. This coin would
certainly make a welcome addition to any advanced collection.Purchased from Abner Kreisberg Corporation on July 11, 1980 for
$15,000.From The Beverly Hills Collection.(#8121) (Registry
values: P4) (NGC ID# BFXY, PCGS# 8121)

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I know for a fact that the sale by Heritage was way beyond what I was offered by other people. If I had to do it over again, I would absolutely choose Heritage again.
Charles Ruffing Jr,Phoenixville, PA